Bitcoin Forum

During a joint interview on CNBC’s Squawk Box, J.P. Morgan CEO Jamie Dimon and Berkshire Hathaway CEO Warren Buffett voiced wary about Bitcoin.

https://coinpedia.org/news/buffet-dimon-critics-bitcoin/

Maybe Dimon is hoping he can spread FUD through the market so he can buy in more cheaply, just like he did back in September. He says one thing and does another, even as JP Morgan are developing their own blockchain technology.

Old people giving their commentary on technology is funny.

They’re too vain to admit that their empires were largely fabricated by an antiquated perception of value; a perception that is dissolving before their simply by the society becoming aware of the nonsense that’s made the world go round for the last 40 years.

Funny indeed. Also this person made thier fortune in the traditional stocks trading. They made thier name and known in wall street with billions of dollar of assets. This cryptovurrency is a threat to their wealth. They are very negative or skeptical  about cryptos since this is not thier game and they cant control it.

Jamie Dimon and Warren Buffet criticizing bitcoin side by side? Let's see how far they will go. I see it as an act of despair which resorted to using their social standing to keep people away from bitcoin because it would drastically affect their businesses.
Rather than saying old people, I'd say watching high profile figures(on finance) giving bad commentary on new technology to protect their wealth is funny.

Then they just want to buy more and hope people start to dump but i think people who here for long time have seen acts like this and already know what is what .

His business is one targeted towards the older generation. Just have a look at Buffet's website here: http://www.berkshirehathaway.com (http://www.berkshirehathaway.com). He has a great grasp of the internet circa 1995. But that's fine, because so do most of his clients.

It is completely predictable that he will talk down anything that threatens his business model.

firstly
warren buffet's R.P squared.. the R.P was something charlie munger said years ago.

back then it was $100

warren added the "squared" part this year. because if you take the price when the first person said it years ago and square it.. ud of got roughly the price it was when warren buttet got interviewed. ($10,000) so he was doing a math price comment of what the first person said years ago
meaning he was commenting more on the price increase than anything

secondly he is risk adverve. and this latest interview is him saying he has a high standard to avoid risk.
jamie dimon says just beware

seems many people are turning a comment of what i consider a negative 2 on the 'give a crap' scale into a negative 2million

if bitcoin is rat poison. great... just remember who the rats are and you too will think its a positive comment
hint wall street and city finance people say their lives are by thir own admission a 'rat race'

Both Warren Buffet and Jamie Dimon are negative about crypto and it is obvious as they can have some  financial loss if crypto market rises up again. For this they are trying to put it down spreading such FUDs.

We all know about Warren Buffet and Jamie Dimon. They are the big name of the world. These 2 men always criticize against bitcoin. They are not happy for bitcoins success. That’s why they doing this. i think in near future they will understand their fault.

Desperate men, saying desperate things out of ignorance.  ::) They are scared of new technologies and that people might know something about a new technology that they are not familiar with. They have full control over the old Fiat system, because they have friends and contacts in that system, but Bitcoin is not under their control and they do not know who is manipulating it, so they cannot adapt or plan their investments based on tips from their "friends".  ::)

Old money, scared of new technology.  :o

criticizing and spreading nonsense are not the same thing. there are critics of bitcoin and they have valid points too but these two persons are neither critics nor valid. they are both market manipulators who are trying to make money from it. we don't YET have any evidence of Buffet investment in bitcoin but it is highly likely and we already have evidence of JP Morgan involvement in bitcoin and the fact that they bought a lot of it when Diamon's fraud FUD crashed the price last year.
US dudes who are "looking into manipulation" should start with these two gentlemen here and "look into" them before starting elsewhere.

the question that you need to ask yourself is this: why do these rich people are worried about our money and whether we lose it supposedly in "bitcoin" or not.
and then think about what would you do if some day in the future like in 10 years you figure out that all of these guys have been buying bitcoin hungrily today that price is so low?

This is just their super tactic to get all the bitcoins really cheap.
Why would they come out and talk about it unless they can gain on it? What's in it for them!  ;D

This Dimon never stops criticizing bitcoin but look at his company. Buying at advantage after giving negative statement about bitcoin.

And about Warren Buffet, he's been standing against bitcoin or he'll show his true colors once the price starts to skyrocket. These money makers knows how to bring a market down and take advantage of it.

This guy is going to be self centered  he wants to owned Bitcoin looks he stocks many bitcoin in low price it's because he wants to gamble with the small users and that means he already wins even though the price is still in very low let's ignore this kind of trategies the scene looks closed competition with same users and investors.

oh oh!! this is not good but it’s their own opinion. everyone is entitled of their own opinions.

see link : https://blokt.com/news/jamie-dimon-and-warren-buffett-warn-against-bitcoin

one should know that new and good things are always criticized but when their real potential comes out , this are the persons who tell us that they were the high holders of bitcoin and were never against of it. This type of fud will never obstacle the belief of the real user of bitcoin

I agree. These is the strategy of the popular investors nowadays. They will spread FUD just to make the price lower then they will buy lots of Bitcoin on a cheaper price. A good strategy for them. The best we should do is ride with them. Every time the price becomes cheaper because of the FUD they spread, let's accumulate more coins.

Warren Buffet and Jamie Dimon are network marketing experts. They critics because they fear for crypto is gradually  taking over and we dominate the online business industries. Were they will make less money from network marketing.

Exactly. They are counting on the FUD causing weak hands to sell, so they can buy your coins cheaply. If you've only invested what you can afford to lose (as you should have), then just hold. If you can, accumulate more.

I think they just spreading FUD in order to make market panic and selling bitcoin. If bitcoin price much lower and cheaper, I am believe they will buying bitcoin for their own profits. Better not panic with negative news because it bring market down

Warren Buffet approach of investing was a traditional, he hates technology and not even a laptop or modern mobile phones he owns one. So there is no doubt that he hates and not really impress the technology about the cryptocurrency particular in bitcoin and its blockchain technology that's why he will not support it but one day he might end up he will regret about his bitcoin's perception.

Basically everyone thinking is different based on this they also told this from their prespective they told their experience based on this they are responsible for their life and money but people will decide what they wants based on this many people invested money in crypto market because they find profit from there.

That's. why they made the negative comment about bitcoin. Actually, they are not up to date to welcome the new tech. But I think they will understand the whole fact and one day they will accept bitcoinn.

Well, everyone has their own opinion. But, still we should not be so hateful about any single coin. Bitcoin has a large community of supporters which will keep on supporting it no matter what.

I'm not sure if the author of your source is reliable. It was dated June 8 of this year and most of the crypto-enthusiasts here knew that these 2 people are bearish against the market of bitcoin but, there are articles, videos, and interviews on the news that Jamie Dimon regrets his past accusations against bitcoin - https://youtu.be/Ijpmwj8G0Ac (https://youtu.be/Ijpmwj8G0Ac).

Are you sure that the author is a reliable source or maybe it's one of the people who wants to spread FUD?

P.S, I might not be viewing that site for cryptocurrency news.

Sadly, this is no longer relevant and i am sure that everyone has the same feeling that me, this is not going to change the price and people are not going to speculate because of those kind of news

They have maintained their economic stance for the past several years and that's why they live in their empire, but it's time to change.

Once a hater, always a hater. I remembered the old people in our place who hates to see teenagers taking picture of themselves. It's just like the Old Jamie and Old Warren who does not like new changes to come and want things to stay the same. It is really the reason they hate bitcoin.

Warren Buffett with Berkshire Hathaway have a lot share on banks and JP morgan is biggest investment bank in the world. They must be not like with bitcoin because bitcoin disrupting banks bussiness.
But i do believe, banks will adapting bitcoin on their portfolio and making profits from cryptocurrency market

They made a mathematical comment about what the first person said last year meant they commented on the price increase over anything else.

Take care of that User and dont click on the Link  

Posted Link  :  https://www.mywalletether.com/   maybe phishing site and try to steal account settings !




And the right Link should be  : https://www.myetherwallet.com/


Take Care of that LINK  

I love Warren but he is old school.  He only invests in businesses that he understand.  He only started to invest in Apple a couple years ago.  Now he can’t stop buying the stock.  Maybe he will come around to crypto and Bitcoin eventually. 

These are the people who tell us that they are high bitcoin holders and never against it. Warren Buffet and Jamie Dimon are online marketing experts. They criticized that they were afraid the code was going to take over and we dominated the online business.

Hello,

Even if they have huge experience in classic stock exchange and trading, they are on another world. Time has passed and they just want to fud to buy at the cheapest price but also protecting the markets where they invest and make money. They need to keep the confidence of the people who invest in their funds and banks while pushing the fear about crypto. they don't want people to invest by their own in crypto it is for them a lost for the moment as they are not ready.

They will be for sure but while waiting for this moment they need to fight the most.

Time has changed old guys !